2023 08-09 PC PACKET - Laserfiche WebLink

Home

TAo Memorandum To: Gem Lake Planning .Commission. Copies To:. Melissa Lawrence, Administrative Assistant From: Date: SUBJECT: Evan Monson, Planner August 2, 2023 MEETING DATE: BACKGROUND Reference: Discussion � Residential Short -Term Rentals Project. No.: 20459,000 Routing: Discussion :regarding Residential Short -Term Rentals .August 9, 2423 An item that has. come up for discussion at the Planning Comm ission. level is the short term renting of residential property, commonly referred to. as `short-term rentals' or STRs. A .short-term rental is a place. able to be rented for less. than a month. Traditionally, this has been limited to places and land uses such as :hotels, motels, bed and breakfasts, etc. Single-family residences around the country in the last decade have begin to rent their homes out now through popular websites and apps such as Airbnb, Vrbo,. Facebook, and .others. The stays booked. by guests are.:often for weekend trips or vacations, and can give a traveler an.additipnal choice for lodging, while the property owner can earn additionaHricome. Along with the benefits, issues can potentially arise with these. If homes. are being bought up and. used strictly for short-term rentals, the housing stock of an area can become.limited or more expensive for hornebuyers. Certain.saleshodging taxes cart apply to residences if they rent out to short-term renters, though without.local ordinances in place the owners of an STR..may be.unaware of these additional requirements, Homes. being rented out may not be informing renters of local rules and ordinances, which could lead to nuisance cornplaints from neighbors if Violations occur. TKQA 1 444 Cedar Street Suite 1500 i Saint Paul, M.N 55101 651.292.4400 • tkda_corn An employee -owned company promoting .affirmative action and equal opportunity.